Very true - nothing is guaranteed and it is about being comfortable with your entry point and investment amount.
There are talks of a deal being done here (about time!) and with the price being so low, some good news will make such a difference.
I am taking a risk here because of the potentially high returns. i know it sounds bad, but I just want something like PIRI to come good for me and then I will invest in lower risk, profitable companies.
My thinking is also that the balance of probabilities is that it's a good bet under 0.1. It could all go very wrong, of course. But it's a reasonable guess that even if it does, we won't lose much by being in under 0.1. (Now it's the crossing fingers and hoping time, as none of us really know.)
Well done with that price. I was watching for a while and noticed it was showing as down 12% with tiny sells so I wondered if it would lower the ask. I too am not a boaster and am not saying it is good news as I don't like others to lose out.
In any event, those under 0.1p should see a good return (I hope).
I was pleased with my re entry yesterday at 0.0717 but someone got 0.0707 today.
There have been a few bursts of around 20% or so here every now and then, but then it falls back down to about 7 or 8. Once we get some decent news, It will move a lot higher.
Originally I was expecting something like what LDP saw in December 2011 - when Manas news came and it kjumped up to the 0.80s - but that kind of news may be further down the line and LDP may have been victim to a pump & dump?
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